LOCAL AREA SUMARY:

North East

Total number of scaleups

No. by employee growth

No. by turnover growth

No. by employee and turnover growth

Total employees

Total turnover

Top 5 Visible Scaleups by Employee Growth

Croxdale Fast Fit
Croxdale Fast Fit operates a number of garages that provide various car repair and maintenance services.

Contract Fencing Services (NE) Limited
Langtree Group operates as a property development, investment, and management company.

Hyperdrive Innovation
Hyperdrive Innovation designs and manufactures energy-saving add-on equipment for vehicles.

Express Engineering
Express Engineering manufactures machined components and products for the oil and gas industry.

Hellens Residential
Hellens Residential develops new build flats, houses, and bungalows that are marketed for rent, shared ownership, or shared equity.

Top 5 Visible Scaleups by Turnover Growth

MTrec
MTrec provides recruitment and training services for a number of sectors, such as IT and energy.

The Green Energy Advice Bureau
The Green Energy Advice Bureau provides clean energy consulting services.

Commercial Maintenance Services UK
Commercial Maintenance Services UK provides a range of commercial hard services to businesses and public bodies.

Primary Care Recruitment
Primary Care Recruitment provides recruitment services for the nursing and care sector.

Enertech FM
Enertech FM provides a range of facilities management services, specialising in the installation and maintenance of electrical, air conditioning, and gas heating systems.

Local LEP ScaleUp Programmes

The area’s flagship programme, Scaleup North East offers participating companies support of a Scale-Up Partner who has experience of scaling their own company at a senior level. Common areas covered by this bespoke package of one-to-one support include cashflow, skills shortages, business model development, leadership and access to markets. The programme is also underpinned by a grant programme, offering 40% (capital or revenue) grants to help them overcome a specific barrier to scaling, such as paying for legal, HR or IP advice, external leadership coaching, purchase of capital equipment or for refurbishment of premises. Additionally, Supply Chain North East supports early stage and scaling businesses to identify opportunities in new and existing markets through linking them to new sector procurement and innovation opportunities and major infrastructure projects.

Scaleup Views

The key barriers to growth are UK Markets & International Markets, Access to the talent you can hire and Finance / Infrastructure/Leadership Development. They are looking for support through Funding/support for innovation and R&Dand want easier acces to Growth Hubs and LEPs.

Top barriers to growth

  1. UK Markets & International Markets
  2. Access to the talent you can hire
  3. Finance / Infrastructure/Leadership Development

want TO SEE more of:

  • Funding/support for innovation and R&D
  • Growth Hubs and LEPs

Further work is planned around sector development including green energy with a focus on supporting a sustainable skills pipeline. The recently launched Create Growth Programme will support the creative sector through a bespoke business development and growth package tailored to the specific needs of high-growth potential creative businesses, with the aim of building businesses’ management skills and understanding of different finance routes to support business growth.